Cabana Capitals Blog Technical Analysis Breach of important price line imminent by NZDUSD

Breach of important price line imminent by NZDUSD

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NZDUSD is en route to a very important line that will be a definite deciding factor of what is to come! We may see this trajectory continue to touch and break through 0.6094, unless it runs out of momentum and pulls back to current levels.

Supported by Downward sloping Moving Average

Target: 0.6094 Entry: 0.6105 Stop: 0.6109

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